Japan's Sumitomo takes stake in U.S. health care company
NEW YORK -- Japan's Sumitomo Corp. has invested in American medical company Vast Medical Holdings, marking its entry into the U.S. market and expanding its global health care footprint.
Sumitomo declined to disclose the amount invested, but said it was a "meaningful" ownership stake in Vast Medical Holdings, the parent company of Quest Health Solutions, a provider of glucose monitors for diabetes patients.